In 2023, Poland led the European Wire Products, Chain and Springs market with a 20.2% share, despite a slight decline of 2.34% from the previous year. Italy and Germany followed, holding 12.94% and 11.4% shares, with declines of 2.94% and 1.53%, respectively. Meanwhile, Slovakia and Estonia showed notable growth, increasing by 5.47% and 4.56%. Conversely, France and Portugal experienced significant declines of 6.26% and 4.36%.
Future trends to watch in this market include potential recovery in countries that experienced declines in 2023, such as France and Portugal. Additionally, Eastern European countries might continue to grow, capitalizing on favorable economic conditions and manufacturing advancements.
Top countries in Wire Products, Chain and Springs Number of Enterprises Share by Country (Units (Enterprises))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 20.2 | 2023 | -2.31% | -2.34% | View data |
| 2 | 2 Italy | 12.94 | 2023 | -2.59% | -2.94% | View data |
| 3 | 3 Germany | 11.4 | 2023 | -1.78% | -1.53% | View data |
| 4 | 4 United Kingdom | 7.95 | 2023 | -1.7% | -1.8% | View data |
| 5 | 5 Spain | 7.88 | 2023 | 0% | +1.58% | View data |
| 6 | 6 Portugal | 4.49 | 2023 | -3.92% | -4.36% | View data |
| 7 | 7 France | 4.14 | 2023 | -9.42% | -6.26% | View data |
| 8 | 8 Romania | 3.57 | 2023 | 0% | -0.75% | View data |
| 9 | 9 Netherlands | 3.3 | 2023 | 0% | +0.57% | View data |
| 10 | 10 Serbia | 2.59 | 2023 | 0% | 0% | View data |
